Purpose:
to improve market liquidity.
Changes:
ICR (Initial collateral ratio) adjusted from 240% to 300%
Maximum supply adjusted from 25,000,000 bitCNY to 30,000,000 bitCNY
Current parameters:
ICR (Initial collateral ratio) 300%
MCR (Maintenance collateral ratio) 160%
MSSR (Maximum short-squeeze ratio) 105%
MCFR (Margin call fee rate) 3%
FSFP (Force settlement fee percent) 3%
FSO (Force settlement price offset) 2%
Force settlement delay 24 hour
Maximum force settlement volume per hour 0.5%
Price feed threshold 0.12 CNY/BTS (temporary)
Minimum feeds 1 (temporary)
Price feed producers list:
1.2.183 hiquanta
1.2.35248 in.abit
1.2.420186 clone (yexiao)
1.2.987999 zapata42-witness
1.2.1031601 btspp-witness
Borrowing is enabled. The maximum supply is limited to 30,000,000 bitCNY.
Force-settlement is disabled.